Archive for May 6th, 2008
« Previous EntriesCisco beats but gives lukewarm sales outlook
Tuesday, May 6th, 2008Cisco Systems, the largest maker of networking equipment, reported third-quarter sales and profits that edged past Wall Street’s targets.
Sun Micro to take charges up to $220M
Tuesday, May 6th, 2008Read full story for latest details.
Medtronic to cut 1,100 jobs
Tuesday, May 6th, 2008Read full story for latest details.
Disney brushes off recession worries
Tuesday, May 6th, 2008Walt Disney Co. reported sales and profit for the fiscal second quarter Tuesday that exceeded expectations, a sign that advertising spending and theme park attendance is holding up in a tough economy.
Lawmakers target mortgage lenders
Tuesday, May 6th, 2008Lawmakers considered allegations Tuesday that mortgage lenders and companies that service loans are misusing the bankruptcy system to impose questionable fees and improperly pressure homeowners facing foreclosure.